Is Toyota The Next Tesla?
TMToyota(TM) See It Market·2024-02-15 11:18

Over the last four quarters, Tesla generated total revenue and earnings of 96billionand96 billion and 15 billion, respectively. Toyota’s revenue and earnings are roughly three times larger at 299billionand299 billion and 44 billion. Yet Tesla’s market cap is more than double that of Toyota. Tesla shares have soared since going public, while Toyota and other major auto manufacturers’ shares have meandered along. Since going public in 2010 at $1.59 (split adjusted), Tesla shares are up nearly 12,000%. That figure is more stunning ...